Minnesota-based PreferredOne had some of the lowest insurance rates in the country on the MNsure website, but abruptly dropped out in September. Now, it’s raising rates for some customers as much as 66 percent — a jarring “market correction.” Larry Jacobs studies the federal health care law for the Humphrey Institute at the University of Minnesota.
Minnesota Republicans are again accusing Gov. Mark Dayton’s administration of using shoddy math to show a lower increase in policy costs through the state’s health care exchange. State officials this week said plans on MNsure would rise by 4.5 percent on average for 2015. They got the figure by averaging each provider’s average increase or decrease.
The state Commerce Department is preparing to release an early snapshot of 2015 premium rates for policies that will be sold on Minnesota’s health insurance exchange, MNsure.
Minnesota Gov. Mark Dayton is hailing the U.S. government’s decision to impose duties on imports of steel pipe from South Korea, India and seven other countries.
Xcel Energy has reduced its proposed Minnesota electric rate increase. The Minneapolis-based utility said Monday it lowered its proposed rate increase to 8.2 percent. Xcel proposed a rate hike of 10.7 percent in November.
The state says Xcel Energy is charging Minnesota families too much for electricity.
Senator Al Franken visited with Dave Lee on the WCCO Morning News today.